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are not in a position to do things that we otherwise would be in a position to in terms of shaping the environment to prevent war. so in my view, americas 60 veto fiscal picture increases the risk of conflict around the globe media not always involving the u.s., though certainly the risk of increasing globally. based on our fiscal picture. the point that i would want to make is the budget deal requires us to deal with a full deck of cards and those people who keep wanting to take things off the table. when i say a full deck of cards, that includes defense participating in deficit reduction. this cannot be in the case of defense a sledgehammer approach. it's going to take a long line of dealing with these issues overtime to give the defense department time and they can make in my view very significant changes in the budget, but doing it in a way that does not damage our security. doing it abruptly as the fiscal cliff does or in a very compressed time frame is not only inefficient and dangerous to security in our s. my final point is that they are missing an element in this town is primarily politic
a pollution, dangerous to the environment in co2 is of course that these plans. they attempt to surprise or two epitomize the anti-nature, enterprise spirit of this administration. the reason we need another supply-side revival of the same kind we had under ronald reagan. >> would you change anything you wrote in the original "wealth and poverty"? >> i would've changed quite a lot. there's all kinds of details that a changed. but i found that to try to change one thing would be to change everything. so you know, you get into the morass of editorial work. so instead of changing an essentially retained the old look and added 40,000 new words at the beginning and kind and revision of my monetary policy in the middle. it's a new book, but it contains the old book veered >> pennysaver bishop monetary policy, what do you mean by that? >> i failed to make clear in the original version of "wealth and poverty" that i believe can stable currencies. i don't believe including current these. i agree with steve forbes that flow currencies, which is the standard value by which every entrepreneur has to
on the overall security environment on the peninsula as well as in asia. >> did you follow up anything new? we been hearing rumblings for a time. anything new you can provide in terms of insight into lunches are things like that? >> i think you're tracking it pretty well for the media today there are indications of what they will call a satellite launch. we believe it is still the u.n. security resolutions because of the missile they'll be fired and the implications it has for ballistic missiles activity somewhere down the road and the destabilizing impact it will have on the security environment throughout the region, not just dependent. >> can you follow up on some of that? what is your assessment? they say they saw birth of her problems at their failed launch. what is your assessment? how could they have felt the problems? juicier ran possibly helping them? and do you think he's doing this in response to hard-liners in his own government? why would he be doing this? >> well, the professed reason is to probably do it in conjunction with the anniversary on the 17th, which is widely reported i
what they are doing here and implications in the overall security environment on the korean peninsula, as well as destination. >> anything new? we been hearing some rumblings for some time that there might be some activity on that front. anything new that you can provide in terms of insights into launches or things like that? >> well, i think you're tracking a pretty well. i think from the media today there are indications declared indications of their intention to do what they would call a peaceful satellite launch. and we believe it is in contradictory to the u.n. security council resolutions, that because of the nature of the type of missile they will be firing and the implications it has for ballistic missile type of activity somewhere down the road, and the destabilizing impact that will have on security incitement throughout the throughout the region, not just on the peninsula. >> can you follow up on some of -- was short assessment? they say they have solve whatever problems they had with her april failed launch. what's your assessment? how could they have solve the problem? wh
allocation. how do you generate returns and manage volatility in this kind of environment where there's so much you can't control? global head of institutional clients with jpmorgan asset management, welcome. i'm going to ask something that may be counter intuitive to a lot of people. maybe not to you. it seems to me your clients, institutions, pensions, endowments, are tax exempt. they don't have to worry quite as much it would seem to me about avoiding dividend taxes or capital gains taxes as ordinary individuals. am i right about that or wrong? >> yes and no. the point being if the fiscal cliff you look at china, eurozone, it is all coming together to create an environment of total uncertainty for a lot of the biggest investors in the world. pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it is about the uncertainty that the cliff rep
environment, a huge life skill competitive sports in particular, extraordinary gain of american football. >> would you want for christmas? >> record by the dolphins but maybe we are off. we will see. i know i should aim higher. >> happy birthday. we are honored, we appreciate you being here. thank you for watching us. we are thankful for the partnership, thank you for coming out so early. thank you for a fantastic conversation. [applause] >> thank you for having me. >> the supreme court will look at what happened in 2008 by a majority of 6-3 and they are going to say that is a precedent and indiana had -- >> talking about facts, they decided on the indiana case it was constitutional for them to establish i d. they did not say that all of those states would subsequently -- [talking over each other] >> let me finish because you misrepresented what i said. [talking over each other] >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities because it -- somehow we have something missing in our brain.
cash. here in the low-interest rate environment, debt financing is going to be big. >> and the large cap plays. go through those. >> verifone, a leader in electronic payment devices. this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone is looking for income. they look to these companies that have a good yield. the two that came through here were ford and, as it happens, our majority owner comcast. >> yes. so ford, you know, the auto recovery story is pretty significant. it's still happening. cars on the road are older. the replacement rate is going to go up. with ford, it has a rock-solid balance sheet. its dividend yield, we think, could go up. comcast is interest
they are and will they be able to perform regardless of the macro environment? >> all right. we are focused on. companies that can grow regardless of what happens in the economy. three stocks we like, one is denbury resources. what's interesting about them is they have hedged their forward sales of oil so the lowest they're going to receive is $80 next year. at those rates, they're going to be a very profitable company. it's a very inexpensive stock. we like that. it's a u.s. oil producer as well. we like that. link linkedin, we think attracted as much attention as it should. they're executing very well in the professional business social networking sense. in particular, head hunters across the globe. this is now the method of head hunting. finally, an enterprise software design company used in making semiconductor chips. we see them as providing a very stable and growing play on technology without necessarily having to pick, you know, end winners. >> got it. >> thank you. >> very good, guys. thank you all for joining us today. rick, good luck with the reappraisal on your property there, whatever you're
, that's a target-rich environment is what we refer to california. they raise taxes again. they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't seem to make the leap to say that. and i'm talking about the fiscal cliff now. i wonder if you were at 25% of gdp, if the government had grown to this size where it is right now and you were trying to figure out how to deal with it and you were in charge, would it be all about -- would the first thing you come up with be raising taxes? would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by say
what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. climate justice, in a nutshell, me
to implement. i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis th
will say, however, that the value of doing it now in a low interest rate environment is larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal. therefore, this will be a more valuable change. second, because these loans are so low interest rate, they will be on our books far longer. not many loans in the past have hit that limit. even though it is $1 trillion, the value of the change is small for the old loans. it is going to be valuable for these newer, very low interest rate loans. >> briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that is a very different standard than even exists at fannie and freddie. why are you doing that? put this is another area where we are working on changes. responsible hone owners got good credit scores that lost their jobs. we believe somebody can show that they are back to work and a responsible borer again. that is someone we would work with. i would agree that our standards are not clear enough in dividing those. so what we
'll be saving the environment on that. >> if you're tired of buying make your own. >> soda stream revolution, one-touch technology. so easy to use, put the -- check that out, put the bottle inside there, snaps in there, pick the fizz you want, press it in there, it has a monitor that lets you know how much fizz you're putting in. 60 flavors to choose from none of which have high fructose corn syrup or aspartame. >> before we go, who doesn't want to throw their iphone into water? >> put that in there. this is the first android smartphone. drop it in there. you can get without a contract, $70 from boost mobile and it's water proof, three feet in 30 minutes and it won't ruin. >> no more running for the tub of rice. there you go. thank you so much, fun ideas. really appreciate it. time right now, 7:29, 51 degrees on tv hill. stay with us. >> you're watching wbal-tv 11, live, local, late breaking. this is 11 news sunday morning. >> welcome back to 11 news sunday morning, thanks for waking up with us today. >> we're getting a check outside. is it clearing up? >> hardly, dense fog people have to wo
look at jobs report tomorrow, is dismal. we're liking inflationary environment down the road. this is bad news. >> you could could make the argument invite blowing past short term helpful, long term payne full. melissa: spending cuts, tax hikes are very dramatic going over the cliff. when you look at numbers, still is like five to one raising taxes to cutting spending. >> that's right. melissa: no one is really talking about cutting spending. isn't that the first thing you would do? if your fiscal house was in such disarray, household at home, first thing you do is stop spending. no one is doing that. >> what scares me, is that point. whether you agree or disagree hiking taxes i am not a fan of it but i think it will come. we can get past this. charlie gasparino and i have argued this. one of the consequences of the election the president will probably get his way raising most rates. melissa: right. >> i'm not saying i'm a fan. let's get past that, let's make it happen. republicans realize you lost election you didn't suddenly lose your backbone. this should be precursor gett
clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's vanced technology, call or visit trylyric.com for a risk--free 30--day trialffer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. >> breaking news from the white house, here is administration's response to the jobs market. alan krueger, chairman of economic advisors says, look, today's report provides further evidence today's economy is going to heal and here is part of the white house response. it's critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole caused by the severe recession. okay, keep going. we want these policies, that's from the white house. tax increases coming next
does grover norquist wield in this environment? >> he wield power. the invincibility of grover norquist is overblown by us in the media. this tax pledge isn't with grover norquist as it is with taxpayers in the state that voted for a lot of these conservatives who signed the pledge. i think it's foolish to think there isn't going to be a deal cut. we don't know what the deal will be. it's foot foolish to think anyone wants the legacy to be they drove us off the fiscal cliff. we're in the political dance now. we've seen this time and time again. there is still three weeks for a deal to be cut. the problem is that the white house threw down a heavy marker yesterday. we'll have to see if they're willing to compromise. it's got to be compromise on both sides. >> that's right. the marker they threw down, kevin, is the white house says actual tax rates, the top tax rate, 35%, has to go up for the rich. and that limiting deductions won't be enough to get a deal. now you wrote in the atlantic this week that despite that there is a way around this for republicans who don't want to incur the wrat
investing. risk includes possible loss of principal. >>> an environment where everyone is still terrified about the potential impact of the fiscal cliff, i want to give you stocks that you can fall back on in a declining market. many strong companies, high yields. let me introduce you to weingarten, a company i've liked since '85. owns shopping centers all over the u.s. 301 income-producing properties and 11 more in various stages of development. they have a yield, doesn't have a lot of leverage. company recently sold off the portfolio of industrial assets to become a pure play on retail, and 70% of the rent it collects comes from tenants that are effectively internet resistant. they say it in their own papers. meaning they're immunized against online competition. things like supermarkets, restaurants, personal care supervisors. 93.6% occupancy rate up 200 basis points year-over-year. very bullish guidance. let's check in with drew alexander, the president and ceo of weingarten reality investors. how are you? >> pleasure. great to be here. >> now, we obviously are all very focused on the
to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahead, scott. how are you investing right now? >> maria, i think the best way forward is the way it's worked since the bottom of the market in 2009. risk assets are where it's at. the fed is very supportive. the consumer is back and engaged. housing is getting better. the fiscal cliff is actually constructive from the standpoint it causes people to come together and compromise because going over the cliff while we may do it for a short time period is not beneficial to anybody. it hurts everybody. >> so risk assets being, what, technology? what does that mean, technology? >> not necessarily. we would stay with dividend payers. we would also dip our toe into europe into some very high-quality, multicountry stocks there. mostly on consumer discretionary stocks as well. >> george, we haven't forgotten you yet. scott, i have a question for you. just noticed today france and germany's stock markets hit 52-week highs. we're still wringing our hands ov
because we're stuck in a real tough environment right now with that darn fiscal cliff deadline looming, three weeks away, our political leaders getting absolutely nowhere -- >> buy buy buy! >> sell sell sell! >> it doesn't mean we stop searching for opportunities to make money. even in the most dismal markets there are always stocks that have the ability to go higher. just got to find them. takes a lot of work. one i've been doing a lot of work on, it's called dst systems. dog sam tom. now, dst is not a great business. hmm. but i think it could be a terrific stock. the reason? i see number signs suggesting that dst could be preparing itself for a sale. and if not, it sure as heck should be. but even if dst doesn't get bought out, it has a fabulous story. it's a tale that we've repeated over and over again. it's one that's made big money in a number of stocks for us. see, dst, which is just a terrible name for a company, but that's what they call themselves, is a company where the whole is currently worth a lot less than the parts. now, in recent months dst has started to get aggressive
that environment look like? >> i don't think that's what happens. we're not talking about taking tax rates from 35 to 50 or 60. we're talking a few percentage points. so it's uncertainty, well do i get my deductions, do i pay a hayer rate? what is my mix and until then i sit on my hands. bringing up the again the uncertainty factor. i think we get to a point where we get some sort of compromise around these things. we'll get back through a muddle through economy. not a great one but good enough one. david: the president's comments of last year notwithstanding where he was for lowering rates. rates go up in one way, shape or form. rather than spending money in the stock market where people get taxed more they think of more direct investment? more vehicles that avoid the stock market entirely and get cash directly to the companies? >> that could happen and would be good for the economy which in a perverse way would be good for the stock market as well if you see my logic. getting people to move off the dime. to say i don't need this hoard of cash frankly earning almost nothing. i need to put it to w
. there are plenty of real worries out there. especially the fiscal cliff. in this grim environment you can find sectors that are holding up better than you might think. poncy says the pull back in retail might be just the moment that you want to pull the trigger to this key sector index. wouldn't that be something? stay with cramer and we will be right back. >> coming up. something is brewing. starbucks has been serving up solid returns. but could concerns about its moving to tea mean it is time to layoff the caffeine or is this your chance to fill up your cup before the shares really get percolating? cramer is grinding through the facts next. >>> tomorrow we are going to hear from one of my favorite companies and it is starbucks. having its biennial analyst day. right now it is more than ten points off its high for the year. i think it could mark the beginning of the stock's next big rally. you can follow along at actionalertsplus.com. a service that i do with the street. tomorrow i expect a terrific story. i'll give you a preview. lots of people ask me how i would approach this meeting. if i
and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or
the new jobs come, from but we have got to have an environment that creates jobs for everyone and you've done the studies yourself to show that increasing taxes on the top 2%, the portion of that that falls into small business owners who actually pass that through their personal income, is small and the portion of those that actually employs several workers is small, so i'm not arguing that taxes should go up for the rich. that's somebody else's argument to have. my point is it's not going to crush the economy to do so. >> so much heat of the conversation is just around the taxes for the rich. the jobs numbers, rear view mirror. >> absolutely. >> talking about how to fix it and how we're going to buttress the recovery. >> now we look at the future. >> ali velshi, thanks. >>> up next, america's oldest dictionary has announced the words of the year. can you tell it was an election year. which one was the most popular search in 2012. the answer after the break. health care system i wae spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my
the creation of jobs in the u.s. economy. if you can get the u.s. economy past this model through environment, you will see a slight acceleration in the second half. cheryl: your last point is manufacturing. in the report, it was basically flat. we had downward revision for september and october from the report. you are not concerned about that sector at all? >> i am not concerned about that sector. we are looking at a longer-term and the impact it has on the u.s. economy. when you look at what the u.s. does in a manufacturing basis, we manufacture 18.2% of other manufactured goods in the world today. that is bigger than japan. that is bigger than china. it is a very significant number. we do it better and less expensively. cheryl: a report saying it would be a good thing for this country if we begin to export natural gas. it would be good for the u.s. economy. some, especially in washington, saying it would be a bad thing. it would be a job killer. >> it is hard to me to figure that out. i think we have to find a balance between exports and the cheap fuel in the united states which will caus
an environment in which we can care for the elderly. >> the think americans will remain optimistic but this did of the economy? if we have not tackle the things we have just talked about like the cost of education, the housing market? we are figuring out some philosophical issues about taxing and funding? >> i think the economy has been growing slowly and steadily all in the absence of any movement, which we have seen over the test of the last year. i have worked on guantanamo for the past 10 years. my sense is that if there is some movement until the positive direction, which have not seen out of washington and enter a long time, -- in a long time, at least we will not see head winds. we are making some progress. i see that continue. >> i want to come back to what todd said earlier. i am concerned about confidence being fragile. todd reference what happened until august of 2011. we saw in limited to lie confidence tank. market confidence grew jog with some of the market confidence plunged. i think we have to be concerned -- market confidence plunged. if we look like we are not grappling with t
remember to put money to work. in an environment where not people put money to work and people aren't doing anything, you get an influx of retail money. you have to commit that money to your retirement and to your kids. >> interesting. >> it's a big difference. >> btig has a note on seasonality regarding the end of the year and even december '08 was positive. how resilient the month of december is. >> funny you mention that. that was such a false tell. we thought maybe things had bottomed and then just off a cliff, not fiscal but stock right after that. it's a great note. >> meantime, as we await the opening bell this morning, we'll look at the s&p 500 at the realtime exchange on the top of your screen. big board here. >> there's the bell over at the nasdaq today, sears holdings and st. jude's children's research hospital celebrating the st. jude thanks and giving campaign. lead story involves delta and talks they say to acquire from singapore some stakes in virgin atlanta. >> we'll see what happens. they have been active. the one people are more focused on is american airlines in bankruptc
. they are building and acquiring land in this low interest rate environment which bodes well for this upswing in momentum. the question as you mentioned at what point do comparisons get so tough. first quarter 2012 was first quarter where they started to see the upswing. 45% increase in signed contracts. we're lapping that now. can we beat increases as we move on? >> it could be tough. to the extent that we're building, any momentum at the bottom here, we're still building off a small base as you know. so you could have significant growth for some time. >> everything that goes into a house. a lot of spending goes into a house. >> definitely. cramer has stocks on his list that are worthy of your attention. what does he think about them? his mad dash is coming up next. later, shares of gamestop surging from summer lows hoping to score big this holiday season. we'll talk with the ceo. let's take another look at futures as we head into this tuesday morning session. we're looking about flat. more "squawk on the street" straight ahead. this is america. we don't let frequent heartburn come between u
to meet. they don't meet. so, are you worried that environment makes things so dicey that no deal is done and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will generate the kind of bipartisan agreement we need but that is irresponsible. >>neil: it is looking more likely. then who picks up the pieces? >>guest: the country suffers. i don't think anyone gains politically. you know that almost everyone here in both parties will tell you if you talk to them privately, this ends with entitlement reform. not cutting programs like medicare but slowing down the growth in the programs because they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call i
. >> that was the process in 1986. can that happen this day? >> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. it is interesting we're not fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates street if they should go up some, but do they need to go back where they work? i do not know. lots of ways to increase tax
. >> except that if we go over the cliff and given how tenuous this economic environment is right now, i mean, the message that sends to business leaders, employers, let alone the american people, is this place is not only ungovernable, it is dysfunction beyond dysfunction. >> a friend of mine, a wealthy california guy, a liberal, said, if you think they're going to trust you after you miss the january 1st deadline, they'll be no trust. they'll say, if you can't meet your own deadline, why would you meet anybody else's. >> and the markets, whether it's europe or american, are pricing in a solution. you see it really quite clearly. >> somebody was on -- mcmahon yesterday was wrong, they're not pricing a failure, they're pricing in a solution. thank you, chris kofinis, for that report from greece. jared bernstein, as always, thank you. >>> when we return, let me finish with the ghost of fiscal cliff yet to come. wait until you see this story. you're watching "hardball," the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? y
at starbucks. people are desperate to find something new to buy. >> and in an environment of rising employment, that's a big deal for mcdonald's especially in the breakfast business which is a high margin business. it is highly leveraged to macro indicators too. >> when i go there, there's a promotion going on that didn't bring me into the store. i want to be brought into a store because of a promotion and not discover, wow, i paid much less than i thought. >> i told you about mcbites. will you go into the store now? >> i think they are called mccorn balls now. we changed the name. >> melissa is up to date on the menu. >> yesterday it was mcrib. >> these are very important to the stories of these fast food chains. that's why i'm so -- >> what's the calorie count? when you see the calorie count that's the determinant. can i have three lipitor. >> that's what i'm on right now. >> are you really? where is your bad cholesterol? >> it's not good. not good. >> mine is 80. >> goody for you. that's what happens when you get old. you compare cholesterol levels. >> i went to trader joe's last night. tur
and brakes. few believe like humans dogs should keep the environment in mind when learning to drive. >> with the number of dog motorists at an
. the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what it is done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited to discuss this issue. i thank him for being the co- chair since 2006 and joining with general kelley and myself to do this. thank you. >> thank you. i became involved in the council out of self-interest. b
to look over the long haul, over the long-term, whether you have an environment that's right for business. i think in arizona we are trying to get things right so over the long haul we can build a more diverse sustainable economy. i think we are headed in the right direction. stuart: i'm not being flip here, what kind of tax break dos you offer them -- tax breaks do you offer them, just give me an idea. >> if you bring manufacturing to our state, you are going to get a tax credit. if you bring research and development, you will get a tax credit. if you engage in sustainability, green jobs, you will get a tax credit. look, we saw the landscape around the country, and we wanted to make sure we were as competitive as possible. and a lot of it is not going to be companies moving from california, but as this economy improves, a lot of companies are going to be expanding. and we want them to look to our city, our state as they make those important expansion decisions, particularly again for those jobs. stuart: do you actually go to california yourself and try to prize them loose? >> i have been
economic growth. regulation is necessary to protest at -- to protect our environment and keep our food safe. but regulations cost money to follow. the more expensive a regulation, the less money a business has to give raises or hire new people. we need to have a balanced approach to regulation. we need to weigh the benefit of any given regulation against the impact it will have on job creation. that is why we should implement something like senator paul's act, so that congress that's the final say on it. -- gets the final say on it. [applause] getting control of our debt. it is critically important. it is not enough. we need to do more. we should expand our domestic energy industry. american innovation has given us access to massive new deposits of oil and natural gas, making america one of the most energy- rich countries on the planet. this new energy opens all kinds of new middle-class jobs come from the fields and platforms woodrow, to the manufacturing plants that return to the united states with a lower cost of energy, and these are the types of jobs we need most, right now. middle-cla
for the disabled. a cleaner environment. safer world. you want all that, right? well, the european space agency says it's got the answer, and it's in space. cnn's aiyish reports from london. >> like an audio gps for the blind and visually impaired, the faster it ticks, you are on the right track. >> if you turn to the right side,ist the wrong way. if you go to the left side, it's the wrong way. so you find in the middle where it's very loud. there you have to go. >> reporter: satellites are used by different industries, like aviation. used in bad weather for planes and helicopters. >> the new aviation paradigm is going to be satellite navigation to be sure that aircrafts are going to be better using the airspace and the use of landing, and that there's more safe landings available at airports that don't have a lot of traffic. >> this is the european space expo. a traveling exhibition dome showing off space applications and the flagship projects of the european space program. for antonio, vice president of the european commission, space is at the center of the e.u. strategy. >> it's crucial for
groups, such as the global climate coalition, information council for the environment, heartland institute, annapolis center, and cooler heads coalition are created or enlisted to propagate this message of doubt. deniers question the motives and engage in harassment of the real credentialed climate scientists. well, for the record, there has been scientific debate regarding climate change. ideas have been tested, theories have been ventured, and the evidence keeps coming back to the same conclusion: increased carbon dioxide in the atmosphere from human-related sources is strengthening the greenhouse effect, adding to recent warming, and acidifying the oceans. actually, the evidence coming in tends to confirm the worst and most dangerous projections. mr. president, may i interrupt my remarks and ask unanimous consent that morning business be extended until 2:00 p.m. with senators permitted to speak therein for up to ten minutes each. the presiding officer: without objection. mr. whitehousemr. whitehouse: ak unanimous consent that that exchange be moved to the beginning or the end
if you go over the cliff and given how tenuous this economic environment is right now, the message it sends to business leaders, employers, this place is not only ungovern ner rabl, it's dysfunction among dysfunction. >> freand of mine, a liberal, said if you think they are going to trust you after you my the january 1st deadline, do you think they will trust you that week? if you can't meet your own deadline, why should they make anybody else's? >> and the markets are pricing in a solution. you see it really quite clearly. >> and somebody was on -- mcmahon was wrong. there are grownups jared bernsteinç and chris, thank yo. you're watching "hardball," the place for politics. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. if you're a man with low testosterone, you should know
and take. in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of government shut down in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is no
a home. if you can in this environment, record low interest rates, home values epressed from the recession. buy a house. don't look at the target. you won't make money in the savingsing thes. dividends taxed as regular income. buy a home, something you can use, live in, and sit on. stuart: no dividend to be taxed, and if it's up in value, you don't pay tax until you sell it. ten seconds for the best investment of 20 # 13? >> amazon, other online retailers. i spent black friday in my pajamas at home getting deals,
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a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited to discuss this issue. i thank hi
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